The Corporate Sustainability Reporting Directive (“CSRD”) is ushering in a new era of transparency and accountability for businesses operating within the EU. With the January 2025 compliance deadline rapidly approaching, many companies are finding the process complex, requiring extensive disclosures in line with the European Sustainability Reporting Standards (“ESRS”). The CSRD platform, Holtara's latest solution, offers a seamless way for businesses to meet these demands.

What is CSRD, and why does it matter?

CSRD has redefined sustainability reporting across the EU, expanding the scope and detail of ESG disclosures. Companies are now required to respond to over 2,000 data points, undergo third-party audits, and provide evidence-based metrics on their environmental, social, and governance practices. These changes aim to promote transparency and align corporate sustainability with global climate and social goals.

For many businesses, the challenge lies in navigating this complex process. The CSRD platform simplifies compliance by combining expert advisory services with innovative technology designed to streamline data collection, reporting, and audit preparation.

Introducing the CSRD platform: A smarter way to handle CSRD

The CSRD platform integrates Holtara's advisory expertise, built on 15+ years of sustainability experience, to offer a streamlined, end-to-end solution that enables businesses to meet these new regulations efficiently. The platform will also act as an ESG data lake, providing businesses with a tool to record, organise, and securely store all the necessary information for CSRD reporting, ensuring the required data is easily accessible and properly structured.

Key features of the CSRD platform include:

·Simplified data collection: Adaptive forms save time by tailoring questions to your previous responses.

·Contextual help: Guidance for each question reduces confusion and ensures accurate responses.

·Workflow enhancement: Tools streamline collaboration between stakeholders, cutting down unnecessary back-and-forth.

·Regulatory alerts: Visual indicators help track critical tasks and deadlines.

·Audit-ready reporting: Generate editable, downloadable reports with clear methodologies for third-party review.

·CSRD scope checker: A quick 5-minute questionnaire to determine if your company falls under the CSRD and its ESG disclosure obligations.

Beyond the platform:Holtara's comprehensive CSRD support

The CSRD platform is just one part of a broader solution. Holtara offers end-to-end advisory services to ensure you meet CSRD requirements efficiently.

·Scoping: Expert guidance from sustainability professionals with legal expertise.

·Double materiality: Training, guidelines, and templates for a self-directed assessment, or full support from Holtara to conduct the assessment on your behalf.

·Data collection: The CSRD platform simplifies data collection by focusing only on relevant questions and providing clear guidance for each set to ensure you fully understand the reporting requirements.

·Reporting: The CSRD platform generates a CSRD-compliant report ready for audit, with editable, downloadable reports that include clear methodology explanations.

·Training and workshops: Tailored training for key stakeholders to ensure understanding of CSRD requirements and their business implications.

·Gap analysis: Evaluation of current reporting practices for CSRD compliance to identify actionable gaps.

·Implementation support: Assistance in addressing compliance gaps per ESRS, including policy, actions, and metrics.

Why act now?

The compliance deadline for CSRD is fast approaching, leaving little time for businesses to prepare. Falling behind not only risks non-compliance but also the opportunity to turn sustainability efforts into a competitive advantage. The CSRD platform simplifies the process, ensuring you remain compliant while focusing on achieving broader sustainability goals.

Transform challenges into opportunities

As Gert-Jan van de Poll, Head of CSRD at Holtara, explains:

“With the introduction of CSRD, many companies are struggling to meet expanded reporting demands, and that's where our expertise comes in. Our thorough understanding of CSRD's complexities has enabled us to develop a platform that is tailored to the market's needs. By providing a streamlined reporting solution and unrivalled advisory services, we’re helping businesses comply with the new standards and turn sustainability efforts into a competitive advantage.”

Don't let the complexity of CSRD hold you back. Start your journey to compliance today with the CSRD platform.

Contact us to learn more or schedule a demo.

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